A Trust is a useful tool when you require a more complex solution to protecting the best interests of your beneficiaries. A Trust can be beneficial in a variety of different circumstances. Different types of Trusts can be used to ensure your assets are passed onto your descendants or to ensure provision for venerable beneficiaries.
When using our Will service, our qualified Will Writers will provide you with advice on your possible options in regards to a Trust if it appears that your estate or your beneficiaries could benefit from one.
If you would like to include the setting up of a Trust in your Will, your dedicated Will writer will explain the types of Trusts that could benefit you. Whilst ensuring you understand the outcome of using one. Your Will Writer can provide you with guidance about which Trust is most suitable, who would make an appropriate Trustee and the advantages of using one. Once you have agreed on the type of Trust that you want, your Will Writer will create your Trust Will.
Fixed Fee Trust Wills mean fair prices and peace of mind
We offer a competitive fixed rate fee service for all of our Wills and Trusts, so you will know the exact cost of including a Trust in your Will before any work takes place. Once you have agreed the price it is guaranteed not to change.
For more information or guidance on any of the Types of Trusts we offer call our in house Will writers on 0344 880 2087 or send us a call back request.
Choose your Trust Will
We offer a variety of Trusts depending on your circumstances and the outcome you would like to achieve.
Flexible Life Interest Trust Wills
A Flexible Life Interest Trust can protect your significant assets, for example property or financial investments, and ensure their value is passed on to your descendants or whomever you choose.
Why use a Flexible Life Interest Trust?
If you are married or in a civil partnership a Flexible Life Interest Trust guarantees who will benefit from your assets. It prevents your assets being redirected elsewhere if your surviving partner were to;
– Remarry – This will invalidate any existing Will which may include how your share of assets should be distributed.
– Write a new Will – Which may change their wishes and not include directions as to how your assets should be distributed.
A Flexible Life Interest Trust can also allow a nominated person to benefit from the trust, whilst insuring that the Trusts capital value is protected for those you intended.
Discretionary Trust Wills
A Discretionary Trust can protect your vulnerable beneficiaries by allowing you to appoint Trustees. The Trustees will assist your beneficiaries by managing their inheritance.
Why use a Discretionary Trust?
Using a Discretionary Will Trust can ensure that your vulnerable beneficiaries are assisted in managing their inheritance. In turn this can reduce the risk of their inheritance being used irresponsibly.
A Discretionary Trust can also help to reduce the impact on a vulnerable beneficiaries benefit entitlements, which can be effected when receiving an inheritance.
Property Trust Wills
A Property Trust can protect your interests in a property that you own jointly with another person and ensure that the people you choose will benefit for your share.
Why use a Property Trust?
If you are married or in a civil partnership a Property Trust guarantees who will benefit from your share of the property. It prevents the ownership of the property being redirected elsewhere if your surviving partner were to;
– Remarry – This will invalidate any existing Will which may include how your share of the property should be distributed.
– Write a new Will – Which may change their wishes and not include directions as to how your share of the property should be distributed.
A Property Trust can also help to reduce the risk of your assets being used to cover the costs of your surviving partners potential future residential fees. In turn ensuring that those you intended receive the benefit of your estate.
To get a free fixed quote for our Trust service or to begin your Lifetime Legal membership and take advantage of discounted fees on our other legal services, speak to a member of our team on 0344 880 2087 or request a call back via our enquiry form.